Forex technical analysis: USDCHF peaks against trend line. Break time? via ForexLive

May be time to take a little breather The USDCHF moved higher after the EURUSD tumble lower. That move took the price up to a old trend line that helped define a wedge back in mid August. That level comes in at 0.9757.  It proved to be a level that slowed the rise.  Earlier the price broke above a trend line at 0.9716 level and this will be eyed as a risk level for longs now.